Ellsworth, Wisconsin Property Taxes
The median property tax rate in Ellsworth, WI is 1.67%, significantly higher than both the national median of 0.99% and Wisconsin's state median of 1.58%. With a median home value of $222,940 in Ellsworth, the typical annual property tax bill reaches $3,874, far exceeding the national median of $2,690. Property taxes in Ellsworth are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ellsworth's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Ellsworth or another part of Pierce County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ellsworth, Wisconsin Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$3,160
Ownwell’s Ellsworth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellsworth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellsworth to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Ellsworth, Wisconsin
Property taxes in Ellsworth, Wisconsin, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellsworth is 1.67%, significantly higher than the U.S. national median of 0.99%. Local government entities within Ellsworth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellsworth estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Ellsworth's effective property tax rate to other counties in Wisconsin and the national median. For comparison, the 54011 zip code has the highest median property tax rate of 1.67%, while the same zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Ellsworth provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellsworth Tax Rate
1.67%
Average Pierce County Tax Rate
1.89%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellsworth, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54011 | 1.48% | 1.67% | 1.67% | 1.98% | 2.11% |
Source: Ownwell
Property Tax Assessment Values Across Ellsworth, Wisconsin
In Ellsworth, Wisconsin, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Pierce County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Ellsworth, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the median home price in Ellsworth is $222,940, with the 25th percentile tax bill at $2,953 and the 75th percentile tax bill at $4,965. The highest and lowest median tax bills are both $3,874, found in the 54011 zip code. Being aware of these valuation processes in Ellsworth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ellsworth Assessed Value
$222,940
Average Pierce County Assessed Value
$217,809
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellsworth, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54011 | $115,193 | $165,566 | $222,940 | $284,706 | $362,747 |
Source: Ownwell
Property Tax Bills Across Ellsworth, Wisconsin
In Ellsworth, Pierce County, WI, property tax bills are calculated based on the assessed value of a property. The assessed value is determined by local assessors and reflects the market value of the home. Homeowners in this area face property tax rates that can significantly impact their annual expenses. For example, the median home price in Ellsworth is $222,940. Property tax bills can vary widely, with the 25th percentile tax bill being $2,953 and the 75th percentile reaching $4,965. The 90th percentile tax bill can go as high as $6,189, which is considerably above the national median property tax rate of 0.99%. These figures indicate that homeowners in Ellsworth may pay a substantial amount in property taxes, especially compared to the national average. This variability in tax bills is influenced by several factors, including the assessed value of the property, local tax rates, and any applicable exemptions or deductions that homeowners may qualify for.
Average Ellsworth Tax Bill
$3,874
Average Pierce County Tax Bill
$4,292
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellsworth, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 54011 | $2,030 | $2,953 | $3,874 | $4,965 | $6,189 |
Source: Ownwell